Bitcoin daily chart alert - Bulls work prices higher amid keen geopolitical tension

January 6, 2020

New York (Jan 6)  Bitcoin-U.S. dollar prices  are up in early U.S. trading Monday, on more perceived safe-haven demand following the U.S. military air strike late last week that killed a top Iranian general. The bulls have gained momentum and are working to prove that their market is a safe-haven asset. Recent price action has produced a bullish double-bottom reversal pattern on the daily chart, which suggests a market bottom is in place.

KitcoNews

Silver Phoenix Twitter                 Silver Phoenix on Facebook